anilmangal

AUDJPY wave pattern made simple

FX:AUDJPY   Australian Dollar/Japanese Yen
4430 32 175
Hi Guys ,hope all is having a wonderful weekend . I decide to put this together so you and see how amazing wave patterns and how simple it is .
If you have seen any of the webinars I did, you would have heard me explain the simple abc of trading . Well this chart shows how simple it is.
You don't have to believe in this method of analysis, but sure can't say I don't see it.
Yes many do think it's complicated and it's all after the fact , but I do TWO daily webinars for my traders and I am definitely not showing them anything after the fact in those webinars. ALL my analysis are FORECASTING.
Some times the corrective structure do not develop the way we forecast it (there are a number of ways this could happen if you know anything about the EW Theory) but we are prepared for such and are able to change our view as it goes. I am not able to post all the updates on every chart on trading view because of time so every trader woulds have to make their own choice bases on your OWN analysis. I help run a 24 hrs trading room ,2 daily webinars and trade so..

Hope this helps you.
Comment: The 4hr update on this chart
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YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
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Training : add to skype mangal457
Great analysis Anil. Thanks
+3 Reply
anilmangal TOP Mahantesh.Ganamukhi
Thanks
+5 Reply
It's as simple as reviewing the charts we post here. Beauty of tradingview.
Keep up the good work.
As far as AUD is concerned, I'd be looking for more downside initially, overall.
Cheers.
+2 Reply
anilmangal TOP IvanLabrie
Thank and yes Tradingview is a wonderful community, if only we can get rid of the few trolls.....
+6 Reply
IvanLabrie PRO anilmangal
Anil, we need the team here to have a way to rank us by our forecasting and trading results from the charts.
That would solve all our problems.
+1 Reply
anilmangal TOP IvanLabrie
They are a great team and are open to all suggestion (send them directly)
+5 Reply
IvanLabrie PRO anilmangal
For sure, best online charting platform by far.
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debarsta anilmangal
Just give them some sunshine, and they turn into stones. At least thats what the Norwegian fairytales says :)
+1 Reply
this is so clear. thanks a lot!
+1 Reply
it looks down side
+1 Reply
Awesome work and the way you view the charts, well done
+1 Reply
Lovely job mate!
+1 Reply
Thank you, i learn lot form your charts
+1 Reply
Thanks for this post Anil, I love the way you think a few steps ahead.
+1 Reply
thanks for the update Anil
+1 Reply
Another Great analysis! thank you very much sir Anil.
+1 Reply
Hello Anil. Thanks for this great analysis.

Right now it's consolidating. Do you think this could be a good entry? Thanks again.
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I think you should wait the price will go upp a little until fibo 61.8

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+1 Reply
Anil forever!
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nLead PRO sainthun
It's possible.
But I think this tails mean enough resistance for now.
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+1 Reply
nLead PRO sainthun
That makes sense. Why do you think 23.69 fib is so important? Doesn't that goes a bit against Anil's analysis for "sell the breakout"? I'll be very grateful if you can give some explanation, it looks interesting.

Thank you very much for your time.
Reply
1. im very new in tarding ( just 1 year )
2. i try to use my brain as much as possible and im learn the most if i can talk about my view with great peoples like you
3. 23.69 not important, the correction can go down deeper just a possible move, the fibo 61 also not that important just a possible target

!4. I dont i going against Anil i really hope , he said after an impuls comming a correction after again an impulse

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5. every impulse an Daily chart standing lot of impulse and correction on lower chart

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All red arrow is an impulse and all pink drawing is a correction, you can see some biger and some very small (for me useless correction)
+2 Reply
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+1 Reply
nice well done
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sainthun PRO anilmangal
ohh thanx i coulnd sleep cos i wait your reaction thank you i really appreciate.
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nLead PRO sainthun
Thank you very much. I really liked your explanation. I'm also a new trader (since May or so), so it's interesting to see different points of view.
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Hi, any thoughts on this consolidation?
AUDJPY
+1 Reply
I noticed that too. it seems like good correction for down trend...
+2 Reply
Rmarch dexstriker27
thanks
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Your analysis are amazing Sir Anil....Im in awe.
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